THREE WAY MEDIA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
THREE WAY MEDIA
Largest movements
- Tangible fixed assets -€26,055
down €26,055 (-36.0%), from €72,307 to €46,252
of which Furniture and vehicles: -€14,470
- Cash +€11,060
up €11,060 (+33.5%), from €33,022 to €44,083
mainly Depreciation (+€26,055) and Other debts (+€3,648)
- Debts after one year -€12,911
down €12,911 (-26.2%), from €49,314 to €36,403
- Profit (loss) carried forward -€5,104
new in 2025: -€5,104
- Other debts +€3,648
up €3,648 (+1,251%), from €292 to €3,939
- Gross operating margin -€4,485
down €4,485 (-15.4%), from €29,059 to €24,574
- Depreciation +€2,819
up €2,819 (+12.1%), from €23,236 to €26,055
- Taxes -€715
down €715 (-81.6%), from €876 to €162
- Other operating charges +€459
up €459 (+155%), from €296 to €754
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €139,759 | €123,588 | -€16,172 | -11.6% |
| Fixed assets | 21/28 | €72,307 | €46,252 | -€26,055 | -36.0% |
| Tangible fixed assets | 22/27 | €72,307 | €46,252 | -€26,055 | -36.0% |
| Plant, machinery and equipment | 23 | €21,257 | €9,672 | -€11,585 | -54.5% |
| Furniture and vehicles | 24 | €51,050 | €36,580 | -€14,470 | -28.3% |
| Current assets | 29/58 | €67,452 | €77,335 | +€9,883 | +14.7% |
| Amounts receivable within one year | 40/41 | €32,666 | €32,175 | -€491 | -1.5% |
| Trade receivables | 40 | €30,885 | €32,172 | +€1,287 | +4.2% |
| Other amounts receivable | 41 | €1,781 | €3 | -€1,778 | -99.8% |
| Cash at bank and in hand | 54/58 | €33,022 | €44,083 | +€11,060 | +33.5% |
| Deferred charges and accrued income | 490/1 | €1,764 | €1,078 | -€686 | -38.9% |
| Total equity and liabilities | 10/49 | €139,759 | €123,588 | -€16,172 | -11.6% |
| Equity | 10/15 | €65,802 | €60,698 | -€5,104 | -7.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €64,802 | €64,802 | = | 0.0% |
| Distributable reserves | 133 | €64,802 | €64,802 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,104 | -€5,104 | |
| Amounts payable | 17/49 | €73,957 | €62,890 | -€11,067 | -15.0% |
| Amounts payable after more than one year | 17 | €49,314 | €36,403 | -€12,911 | -26.2% |
| Financial debts | 170/4 | €49,314 | €36,403 | -€12,911 | -26.2% |
| Amounts payable within one year | 42/48 | €23,357 | €26,454 | +€3,097 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €12,957 | €12,911 | -€46 | -0.4% |
| Trade debts | 44 | €550 | €574 | +€24 | +4.3% |
| Suppliers | 440/4 | €550 | €574 | +€24 | +4.3% |
| Taxes, remuneration and social security | 45 | €9,558 | €9,030 | -€529 | -5.5% |
| Taxes | 450/3 | €9,558 | €9,030 | -€529 | -5.5% |
| Other amounts payable | 47/48 | €292 | €3,939 | +€3,648 | +1,251% |
| Accrued charges and deferred income | 492/3 | €1,286 | €33 | -€1,253 | -97.4% |
| Non-recurring operating income | 76A | €2,068 | - | -€2,068 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,236 | €26,055 | +€2,819 | +12.1% |
| Other operating charges | 640/8 | €296 | €754 | +€459 | +155% |
| Gross operating margin | 9900 | €29,059 | €24,574 | -€4,485 | -15.4% |
| Operating profit (loss) | 9901 | €5,528 | -€2,235 | -€7,763 | |
| Financial income | 75/76B | €9 | €112 | +€103 | +1,096% |
| Recurring financial income | 75 | €9 | €112 | +€103 | +1,096% |
| Financial charges | 65/66B | €2,855 | €2,821 | -€34 | -1.2% |
| Recurring financial charges | 65 | €2,855 | €2,821 | -€34 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €2,682 | -€4,943 | -€7,625 | |
| Income taxes | 67/77 | €876 | €162 | -€715 | -81.6% |
| Profit (loss) for the period | 9904 | €1,806 | -€5,104 | -€6,911 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,806 | -€5,104 | -€6,911 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.